Global banking and securities regulators issued a report on Tuesday that boosts efforts to increase international harmonization of over-the-counter (OTC) derivatives data.

The International Organization of Securities Commissions (IOSCO) and the Committee on Payments and Market Infrastructures (CPMI) published a joint consultation paper today on harmonizing the reporting of critical OTC derivatives data.

The report solicits comment on the definition, format and allowable values of critical data elements, including collateral, prices and quantities, among other elements. The goal is to help global authorities develop guidance for local regulators.

The initiative follows from post- financial crisis reform efforts to improve oversight of the global OTC derivatives markets by requiring reporting of derivatives contracts to trade repositories to improve market transparency, mitigate systemic risk, and prevent market abuse.

“Aggregation of the data reported across [trade repositories] will help ensure that authorities can obtain a comprehensive view of the OTC derivatives market and its activity,” the regulators note.

The deadline for feedback is Aug. 30. Global policymakers aim to issue final technical guidance in early 2018.